TOP NEWS
By MICHAEL D. SHEAR, CARL HULSE and HELENE COOPER Democratic and Republican leaders began making their final arguments with skeptical members in advance of votes in both chambers that could come as early as Monday. By BINYAMIN APPELBAUM and CATHERINE RAMPELL The debt deal would complete an about-face in the government's role from postrecession spending to outsize cuts in the future. FiveThirtyEight By NATE SILVER Democrats will find that the deal struck by Congress and the president is a bit better than it appears at first glance. By CHRISTINE HAUSER and MATTHEW SALTMARSH Worries about the debt deal's effect on the recovery and disappointing manufacturing data sent stocks down. By MICHAEL COOPER Governors and mayors were examining the debt ceiling deal in Washington to figure out how the trillions of dollars in promised spending cuts would affect them. |
| U.S. Aug. 1, 2011 - John Harwood and Jeff Zeleny on what the debt deal means for the 2012 election; and a sample of political reaction. Opinion Opinionator | The Stone Poems are notoriously difficult to translate for many reasons, but magic isn't one of them. |
BUSINESS
By STEPHANIE CLIFFORD The draw of the airport retailing location is simple: an attentive clientele. Domestic travelers spend more than an hour, on average, waiting in airports once they have passed security. DealBook By JULIA WERDIGIER HSBC, the biggest European bank, said Monday that it was cutting 30,000 jobs, as part of a wide-ranging cost reduction program to improve profitability. DealBook By BEN PROTESS The financial industry has spent more than $100 million so far this year to court regulators and lawmakers, who are finalizing new regulations for lending, trading and debit card fees. By THE ASSOCIATED PRESS Pension benefits, collective bargaining agreements and city jobs would be at risk after the court filing. By BRIAN STELTER The Qatar-based Al Jazeera has struggled to secure American outlets for its English-language TV news channel. |
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